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Pacific Money

The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.

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North Korea’s New Economic Plan Looks a Lot Like the Old One
January 20, 2021

North Korea’s New Economic Plan Looks a Lot Like the Old One

By Jonathan Corrado
The five-year economic plan laid out at the Party Congress is no course correction for the country.
Low Rates Are Pushing US Capital Into Southeast Asia. What Happens When Rates Go Up?
January 19, 2021

Low Rates Are Pushing US Capital Into Southeast Asia. What Happens When Rates Go Up?

By James Guild
For emerging markets, foreign capital inflows can spur growth – but they are also a potential source of volatility.

China Won’t Rush to Join CPTPP. Neither Should the US.
January 14, 2021

China Won’t Rush to Join CPTPP. Neither Should the US.

By Alex Yu-Ting Lin and Saori N. Katada
Patience – and careful attention to laying the domestic groundwork – would benefit both countries more than a race to join the trade pact.

What’s Driving Vietnam’s Renewable Energy Boom?
January 12, 2021

What’s Driving Vietnam’s Renewable Energy Boom?

By James Guild
As elsewhere, Vietnam's increasing reliance on energy imports has driven its green energy push.

Could Biogas Hold the Key to Indonesia’s Energy Dilemma?
January 06, 2021

Could Biogas Hold the Key to Indonesia’s Energy Dilemma?

By Massita Ayu Cindy and Luky A. Yusgiantoro
By providing an alternative to LPG, and a use for organic waste, biogas could well be an energy policy win-win.
Promotion or Punishment? Sandiaga Uno Named Indonesia’s New Tourism Minister
January 05, 2021

Promotion or Punishment? Sandiaga Uno Named Indonesia’s New Tourism Minister

By James Guild
Jokowi's appointment of his opponent from the 2019 presidential election appears to be driven by a shrewd political calculation.

The Unending Saga of India’s Retrospective Tax Debacle
January 05, 2021

The Unending Saga of India’s Retrospective Tax Debacle

By Abhishek Dwivedi
India finally has an investor-friendly image after almost a decade and should strive to maintain that.
Australia’s WTO Complaint: What’s the Point?
January 05, 2021

Australia’s WTO Complaint: What’s the Point?

By Jikon Lai
With the complaint against China, Australia has a chance at a moral victory a few years from now -- and that's the best case scenario.

New Year Resolutions for Asia’s Biggest Economies
December 31, 2020

New Year Resolutions for Asia’s Biggest Economies

By Anthony Fensom
Will China, Japan, and India get any relief in the Year of the Ox?

Singapore’s Digital Banking Race is On
December 22, 2020

Singapore’s Digital Banking Race is On

By James Guild
Digital newcomers face serious challenges in poaching customers from Singapore’s traditional banking sector.

FinTech and the Risks of Terrorist Financing in Indonesia
December 16, 2020

FinTech and the Risks of Terrorist Financing in Indonesia

By Federica Russo
New financial technologies hold out great benefits to developing nations, but they also come with considerable risks.
The Complexity of Indonesia’s Halal Economy
December 15, 2020

The Complexity of Indonesia’s Halal Economy

By James Guild
Calls for an alcohol ban speak to the complexity of balancing economic and religious considerations in Indonesia.

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